Bank earnings could underwhelm investors, but it won’t matter to the market, says veteran analyst Dick Bove. J.P. Morgan and Wells Fargo kick off big bank earnings this week, potentially fueling more gains for the stock market or putting a wrench in this record-making stretch. But forget the short-term noise, the Vertical Group analyst said

Politics aside, reviewing your W-4 is a good practice in any tax year. If not enough is withheld, you’ll owe money come tax time. Pay too much, and you end up with a large refund. “You may have different circumstances now compared to when you started working at your employer,” said Labant. Major life changes,

The recent tax bill, which boosted the deficit outlook, means the fiscal side will have less ability to respond next time around as well. The solution gaining the most traction and mention by officials and academics is called “price-level targeting,” and at least three Fed officials in recent weeks have talked about it, though with

Due to Apple‘s size, the tech giant has unfairly become “a punching bag” over the latest questions about its older iPhones, CNBC’s Jim Cramer said Wednesday. Republican Sen. John Thune sent a letter to Apple CEO Tim Cook, Reuters reported, asking questions about its disclosure that it slowed older iPhones with flagging batteries. Apple announced

Billionaire investor Warren Buffett says cryptocurrencies are headed for trouble. “We’ll never have a position in them,” Buffett, chairman and CEO of Berkshire Hathaway, told CNBC’s “Squawk Box” Wednesday morning. “I can say with almost certainty that they will come to a bad ending.” If those ominous words aren’t enough to stress investors out, earlier

There is much more at stake in this earnings season than usual. The great marginal mover of stock prices last year— the hope of tax cuts — has now become a reality. Prices are at historic highs across the board, in most sectors, in all market caps, and not just in the U.S. It is

No. 2 U.S. homebuilder Lennar on Wednesday reported a much lower than expected quarterly profit due to a delay in the booking of a single large transaction, although orders rose and revenue topped estimates. The company’s shares were down 4.8 percent at $63.50 in light premarket trading. An 11.5 percent rise in orders pointed to

Chinese logistics company ZTO Express said Tuesday the allegations by a U.S. pension fund that it exaggerated its profit margins have no merit. The company was sued by Birmingham Retirement and Relief System. The pension fund alleged that ZTO left out certain low-margin business segments from its financial statements in order to inflate overall profit

Jamie Dimon formally became CEO of J. P. Morgan Chase on Jan. 1, 2006, and Lloyd Blankfein took the reins of Goldman Sachs just six months later. Both executives have successfully steered two of the world’s most celebrated financial institutions through the most turbulent decade for banking since the 1930s. Now that the external environment

Chinese electric car start-up WM Motor may be up against a crowded playing field filled with more established players, but the company has big ambitions. “Our job is to produce mass, affordable, easy-to-use electric vehicles for the millions of households in China, just like what Henry Ford did a hundred years ago [or] like Bill

The Children’s Place has undergone transformations in various key areas including inventory, distribution and digital channels under President and CEO Jane Elfers. As she steers the company towards international success, Elfers told CNBC on Tuesday that the company’s digital efforts are being driven by a crucial customer demographic: millennials. “We have the dream customer. We

Worried about higher interest rates putting a dent on the stock market’s rip-roaring rally? Fear not, a rise in rates will actually help stocks, according to legendary investor Bill Miller. “Those 10-year yields go through 2.6 percent and head towards 3 percent, I think we could have the kind of melt-up we had in 2013,

The 20 percent deduction is considered a “between the lines” deduction in that it doesn’t lower your adjusted gross income and you don’t have to itemize on your taxes in order to take it. Generally, if you qualify for the deduction, the 20 percent break will apply to the lesser of your qualified business income

In the post-holiday haze, most Americans are struggling to shed pounds and/or debt. Which is worse? It depends on who you ask. Americans racked up more than $1,000 of debt over the winter season, estimates one post-holiday spending survey. And they also gained just over a pound, on average, according to research from Cornell University.

Lam Yik Fei | Bloomberg | Getty Images The MGM Macau casino resort, in Macau, China. MGM Resorts represents the gambling sector’s most compelling option in the new year, according to J.P. Morgan. Though the company had a turbulent 2017, analyst Joseph Greff told clients that investors are underestimating MGM and that the company is

SpaceX insists it did everything right during a highly classified government satellite launch that went awry. The secret U.S. government Zuma satellite launched Sunday is reportedly lost, and little information about what happened to it has been released. Northrop Grumman said Tuesday it does not comment on classified missions. However, SpaceX said the Falcon 9

Jeff Bezos’ fortune has topped $105 billion, leading to a flood of headlines about the Amazon founder being “the richest man of all time.” By one measure, this is true. Bill Gates had been the richest man ever, with a fortune that topped $100 billion in 1999. So in simple dollar terms, Bezos is now

Bitcoin’s volatility is part of what makes it irresistible, said Willemien Kets, associate professor at the University of Oxford’s Department of Economics. “We know from social psychology that the best way to get people hooked on something is to give them a reward on a very uncertain time frame,” Kets said. Don’t fall into the

Jeff Bezos’ wealth hit $105.1 billion, according to the Bloomberg Billionaires Index, passing Microsoft co-founder Bill Gates’ previous record from 1999. Bezos‘ net worth nudged upward thanks to a rise in Amazon stock, which is up 6.6 percent year to date. Bezos first passed $100 billion in November on impressive Black Friday sales. It seems

The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Halliburton. Tim Seymour was a buyer of iShares Nasdaq Biotech ETF. Dan Nathan was a buyer of Intel. Guy Adami was a buyer of Delta Airlines. Trader disclosure: On January 8, 2018, the following stocks and commodities